đ¨ $XRP , $DOGE , $OM , #HBAR & #USUAL on FIRE: Seize the Opportunity NOW! đ¨ The crypto market is heating up, and these coins are leading the buzz. XRP is down by 3.47%, presenting a potential dip-buying opportunity for risk-takers aiming for a rebound. DOGE is up by 3.10%, signaling bullish momentum that could spark further upside. OM, despite a sharp 8.45% drop, might offer a lucrative short-selling setup or an eventual bounce for reversal traders. HBAR is soaring with a 12.80% gain, showing rapid strength as buyers pile inâperfect for breakout strategies. Meanwhile, USUAL is labeled as a "Rapid Riser," despite its zero value displayâwatch closely for sudden spikes or market activity. Traders, align your strategies with these trends for a chance to secure profits amidst the volatility. #XRPPriceAction #doge⥠#MajorUnlocks
$DOGE /USDT ALERT: Next Big Move Incoming! $DOGE is trading at 0.3777, nearing critical resistance at 0.3808. A breakout above could initiate a bullish rally towards 0.3850 and 0.3900. If rejected, the price may drop to support at 0.3700 or lower, testing 0.3650.
đĄ Trade Setup:
⢠Long Entry: Above 0.3808, targets at 0.3850, 0.3900, with a stop loss at 0.3750. ⢠Short Entry: Below 0.3700, targets at 0.3650, 0.3600, with a stop loss at 0.3750.
â ď¸ Current pattern suggests bullish momentum if resistance is cleared, but failure at this level could trigger a bearish retracement. Stay sharp!
#Understanding the basics of #pnl Anyone who has dealt with trading in traditional finance is likely to be aware of profit and loss (PnL). But is PnL in the cryptocurrency world the same? The ability to comprehend terms like mark-to-market (MTM), realized PnL and unrealized PnL will help develop a better understanding of the cryptocurrency a person holds.
Without a well-defined process to get insight into profit or loss, cryptocurrency trading may be overwhelming, and traders may struggle with what they are doing. PnL reflects the change in the value of a traderâs positions over a specific period.
Understanding the basics of PnL PnL in crypto refers to the calculation of the profit or loss made on a cryptocurrency investment or trading position. It is a metric used to evaluate the financial performance of a trader or investor in the crypto market.
To begin, here are some key terms in PnL terminology:
MTM MTM refers to the process of valuing an asset or financial instrument based on its current market price or fair value. For example, in the context of crypto trading, if an investor holds a certain amount of Bitcoin (BTC), the value of that Bitcoin will fluctuate based on the current market price.
The general formula for calculating PnL is:
Suppose the MTM price for Ether (ETH) today is $1,970, while the MTM price yesterday was $1,950. In this case, the PnL is $20. It indicates a profit of $20. On the contrary, if the MTM price of ETH was $1,980 yesterday, it indicates a loss of $10.
$XRP Bull Alert: Whale Movements â Bullish Signal or Market Disruption? đĽđ Big news for XRP holders! A massive transfer of 74.29 million XRP from Binance has sparked speculation about a potential market rally. Hereâs why this development is crucial: Key Highlights for XRP Investors:
1ď¸âŁ Whale Activity đ
Large-scale XRP transfers often signal strategic moves by major players. This transaction could indicate upcoming price shifts or significant market action.
2ď¸âŁ Technical Breakout âĄ
XRP's price charts reveal a breakout from a wedge pattern, a common signal of a bullish rally. Analysts predict strong upward momentum.
3ď¸âŁ Price Targets đ°
Experts suggest short-term targets of $1.5â$2, with long-term projections reaching $4â$6.5. If youâve been considering investing, now might be the time!
đ¨ $Cardano (ADA) Faces Correction! Hereâs Whatâs Next đ¨ Cardano's recent momentum is stalling, and signs point to a potential correction toward key support levels. Hereâs a breakdown of what to watch: đ Current Resistance: Price is hovering near $0.756 (mvah - Maximum Value Area High), a key level of rejection. â ď¸ Correction Zone: A retracement towards the TWAP ($0.610) and mPOC ($0.582) is likely as momentum slows. đ Volume Clusters: High-volume activity below suggests stronger buyer interest at $0.527 (mval) if a deeper pullback occurs. đ Bounce Scenario: Recovery could begin near $0.610 if support holds, leading to a consolidation before the next move. đĄ Key Insight: Monitor the price action near $0.610 and $0.582 for potential re-entry points. A decisive breakdown below $0.527 could signal further bearish action. đĽ Stay ahead of the trend! Like, share, and comment with your take on ADAâs next move.
đ DOGE/USDT Market Update: Is a Breakout Brewing? đĽ DOGE is currently trading at $0.37747, up 4.19% in the last 24 hours! After bouncing from a low of $0.35740, the bulls have taken charge, pushing the price toward its 24-hour high of $0.38080. With strong momentum and high trading volume (3.64B DOGE traded in 24h), all eyes are on the next move.